Trade24 Review

Overview

Company Information 2007 saw the establishment of Trade24, an award-winning, online Forex brokerage, providing its respected customers with the industry’s finest user experience. Incepted with the idea to address the… more

Full Review

Company Information

2007 saw the establishment of Trade24, an award-winning, online Forex brokerage, providing its respected customers with the industry’s finest user experience. Incepted with the idea to address the necessities of contemporary investors, the company bestows them with all online, financial tools in one safe space.

The chief reason for the transition of multitudes of FX brokers to Trade24 lies mostly in its knowledgeable team of financial gurus, friendly yet professional client support staff, the massive array of trading platforms, and the vast selection of underlying trading assets.

Most importantly, however, the experts at Trade24 only advise their customers to make financial decisions, which the team of the brokerage would do if their own capital was in jeopardy. Armed with this strategy, the Forex broker has secured multiple awards and a faithful client base expanding by the minute.

Significant awards aside, the Forex entity strives to both enhance and optimise the trading experience of every single investor who selects Trade24 as their preferred broker. The company does that by carefully listening to the objectives and requirements of every client who joins it. In the meantime, Trade24’s financial gurus craft a bespoke plan for the unique needs and trading style of each client.

Immediately after signing up, clients are entitled to accessing a diverse set of financial instruments and tools, including algorithmic trading and signals. In addition, they are able to reach out one of Trade24’s economists to ask for market insight. The cherries atop the scrumptious Forex cake are informative webinars, substantial bonuses, and heaps of professional encouragement.

The mission of the Forex enterprise revolves around offering top-notch trading for anybody seeking to make use of the FX market for profits. Ever since 2007, Trade24 has been embracing both transparency and honesty and has provided a safe trading atmosphere.

The brokerage’s clients are from all corners of the large globe, while the company’s central bases of operations are positioned in Paris, London, and Zurich. Owing to the open and fair policy, Trade24 has been enjoying unparalleled praise amid traders from the U.K., France, Germany, and Switzerland. 300,000+ people are utilising one of the multiple ground-breaking platforms while new traders are joining the impeccable team of experts.

An immaculate SSL-encrypted technology safeguards all client data are kept securely and safely. Add social trading tools (for mimicking other traders’ strategies) to the Forex equation and you will arrive at your ideal broker.

Trading Information

Trade24 packs an excellent array of five (5) trading accounts that arrive at your financial door with diverse perks and ground-breaking features.

The Silver account requires a deposit of up to $5,000 and gets a 30% welcome bonus. Additionally, it is eligible for 1 week of free signals, trade size of 0.01 lots, and can use both MT4 and RoboX trading platforms.

The Gold account’s minimum deposit commences at $5,000. 75% Cash back on losses and a 40% deposit bonus await future Gold account holders. The account also gets 1 month of gratis trading signals, an e-book, and a trade size of 0.2 lots.

The Platinum account is launched with a min deposit of $20,000. When started, the account holder qualifies for a 50% bonus and a 100% Cash back on his losses. The trading signals for this account are limitless and it also receives an analyst manager and an access to webinars. The contract size for the Platinum account is 0.2 lots.

Investors who would like to incept a Mega account need to fund it with at least $50,000. A 100% Cash back and a 50% deposit bonus, together with infinite VIP trading signals are some of the perks for this account. Others include a free VPS service, an analyst manager, and a webinar access. The trade size here is 0.5 lots.

The ECN account’s minimum deposit is set to $50,000. A 50% deposit bonus and a 100% Cash back, along with limitless VIP signals comprise a part of the bonuses. Other bonuses encompass a gratis VPS service, a webinar access, an analyst manager, and a trade size of 0.01-02 lots.

All five accounts profit from a 24/7 live support, 1×1 training, and an online financial course. Save for the Silver account, all others get an e-book and can make use of all four trading platforms – SIRIX Social Trade24, Mirror, RoboX, and MT4. A practice account is available for polishing one’s Forex competencies.

Trading Platforms

Trading platforms are the central working instrument for a trader on the exuberant FX market. Amid the trading platforms of Trade24, you can select the one that will best address your necessities.

MetaTrader 4 is indubitably the most popular platform for trading for CFD investors. 50%+ of all the transactions on the Forex market happen thanks to MT4’s help. Some of its perks are:

MT4 is accessible from a mobile device. It is easy to install and use, and there is an access to trade at any time, as well as on the go.

The web platform of Trade24 – the SIRIX Web Trader – is the perfect solution for both newbie and seasoned investors. Since it is a browser-based platform, no computer installations are needed. Its key advantages are:

Prices display in the form of linear charts, bars, and Japanese candlesticks;

Expedient trading terminal;

Allowing traders to copy the pros or even invest in their trading strategies without having to leave the platform.

The Mobile Trader of Trade24 is an expedient way to observe the market 24/5. With it, you can:

Analyse charts;

Follow financial news;

Sign up for important events using the economic calendar;

Execute transactions rapidly;

Gain access to pending orders;

Copy trades and invest in other seasoned investors;

Obtain direct access to social networks.

There is also a Tablet Trader whose functions are similar to those of the Mobile Trader.

Security and Customer Services

One drawback of Trade24 is that at the moment of this review, they are still waiting for the receipt of regulations from some of the largest regulatory bodies in the world. However, they have an SSL-encrypted security technology, which safeguards that all client data are securely stored.

Since customer satisfaction of Trade24 is its chief priority, the company constantly mollycoddles its revered clients. The devoted team epitomises professional approach with utmost levels of attentiveness, and the experts’ solid financial knowledge helps to resolve customer issues in a timely fashion. Reaching them is possible via a live chat, many fixed telephone lines, through an e-mail or via a contact form.

Deposits and Withdrawals

At Trade24, you can fund one of the five (5) trading account types by using a credit/debit card (VISA, VISA Electron, or MasterCard), Skrill, Yandex, Qiwi, as well as a wire transfer.

Trade24 is indebted to all cash withdrawn, within 7 bank days of a request. To withdraw monies from your trading account, you need to download the ‘withdrawal’ form from the website. The cash will be transferred to you using the same method you made use of for depositing.

Deposit Bonus and Loyalty Programmes

When we talk about bonuses of Trade24, it is imperative to start with its absolutely stupendous Forex academy. It teems with educational materials, including video tutorials, a webinar academy, Forex trading fundamentals, trading tips, and fundamental analysis.

All accounts are eligible for deposit bonuses (30% to 50%) and save for the Silver account, all others also get a Cash back (75% to 100%) guarantee.